Rent to own Homes in New Castle, IN

New Castle, IN is a great place for affordable rent-to-own homes! With a median household income of over $42,803 and a median rent of $690, the New Castle, IN rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in New Castle, IN. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out New Castle, IN rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
512 CENTRAL AVE
Rent To Own
 
Single Family Home
Anderson, IN 46012
3
2
1202 ft2
1915
1 of 33 1163 W FAIR OAKS RD
Rent To Own
 
Single Family Home
New Castle, IN 47362
4
3
3452 ft2
1964
Hot
1 of 5 1519 A AVE
Rent To Own
 
Single Family Home
New Castle, IN 47362
3
2
1790 ft2
1900
1 of 14 123 N JEFFERSON ST
Rent To Own
 
Single Family Home
Knightstown, IN 46148
3
1
1550 ft2
1900
1 of 9 615 S PENN ST
Rent To Own
Industry
Single Family Home
Muncie, IN 47302
2
1
1352 ft2
1895
8716 E Otter Dr
Rent To Own
 
Single Family Home
Selma, IN 47383
3
2
1300 ft2
1982
1 of 9 514 W MAIN ST
Rent To Own
Old West End
Townhouse/Condo
Muncie, IN 47305
5
3
2077 ft2
1895
Hot
1 of 20 909 S DEVONSHIRE RD
Rent To Own
 
Single Family Home
Yorktown, IN 47396
4
2
1776 ft2
1982
Hot
3601 W BROOK DR
Rent To Own
Westbrier
Single Family Home
Muncie, IN 47304
3
3
2270 ft2
1960
1 of 23 1901 N SAWMILL LN
Rent To Own
 
Single Family Home
Muncie, IN 47304
5
3
4116 ft2
2006
1 of 10 1129 OAKLAND DR
Rent To Own
 
Single Family Home
Anderson, IN 46012
3
2
2032 ft2
1961
Hot
501 BEECH ST
Rent To Own
 
Single Family Home
Connersville, IN 47331
2
1
576 ft2
1940
Hot
5605 N VISTA VIEW DR
Rent To Own
 
Single Family Home
Muncie, IN 47304
3
3
1924 ft2
2004
2025 PEARL ST
Rent To Own
 
Townhouse/Condo
Anderson, IN 46016
5
2
2144 ft2
1899
Hot
1 of 12 4151 E 700 N
Rent To Own
 
Single Family Home
Greenfield, IN 46140
4
2
2318 ft2
1973
Hot
1108 NICHOL AVE
Rent To Own
 
Townhouse/Condo
Anderson, IN 46016
5
3
1869 ft2
1898
1 of 13 4299 W 950 S
Rent To Own
 
Single Family Home
Pendleton, IN 46064
5
4
2900 ft2
1979
1 of 11 9792 W Pearl St
Rent To Own
 
Multifamily (2 - 4 Units)
Manilla, IN 46150
3
2
1764 ft2
1983
1 of 20 405 MULBERRY BLVD
Rent To Own
 
Single Family Home
Centerville, IN 47330
3
1
1274 ft2
2010
1 of 24 649 W STATE ST
Rent To Own
 
Single Family Home
Albany, IN 47320
3
1
1200 ft2
1890
Hot
1 of 3 702 W JACKSON ST
Rent To Own
 
Single Family Home
Alexandria, IN 46001
3
1
1600 ft2
1899
Hot
1 of 5 602 E MILL ST
Rent To Own
 
Single Family Home
Summitville, IN 46070
2
2
1568 ft2
1899
712 S 13TH ST
Rent To Own
 
Single Family Home
Richmond, IN 47374
3
3
2168 ft2
1900
1 of 49 13154 GIRVAN WAY
Rent To Own
 
Single Family Home
Fishers, IN 46037
4
3
4536 ft2
2018
Hot
2517 N A ST
Rent To Own
 
Single Family Home
Elwood, IN 46036
2
1
1532 ft2
1940
2809 GREENVIEW AVE
REO Foreclosure
 
Single Family Home
New Castle, IN 47362
2
2
1474 ft2
1947
1 of 2 1217 S 23RD ST
REO Foreclosure
 
Single Family Home
New Castle, IN 47362
3
1
912 ft2
1955
2200 SPRING ST
REO Foreclosure
 
Single Family Home
New Castle, IN 47362
3
2
1138 ft2
1980
1 of 23 2105 P AVE
REO Foreclosure
 
Single Family Home
New Castle, IN 47362
3
1
864 ft2
1950
1 of 6 3614 SLEEPY HOLLOW DR
Auction
 
Single Family Home
New Castle, IN 47362
3
2
1470 ft2
1975
4306 JOAN BLVD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
New Castle, IN 47362
4
3
2425 ft2
1973
2104 HUNTER AVE
REO Foreclosure
 
Single Family Home
New Castle, IN 47362
3
1
1320 ft2
1955
2116 S 18TH ST
REO Foreclosure
 
Single Family Home
New Castle, IN 47362
2
1
896 ft2
1941
1 of 3 514 BROAD ST
REO Foreclosure
 
Single Family Home
New Castle, IN 47362
3
1
1408 ft2
1900
1 of 13 1404-1406 H AVE
REO Foreclosure
 
Townhouse/Condo
New Castle, IN 47362
2
2
1456 ft2
1928
Hot
615 BUNDY CT
REO Foreclosure
 
Single Family Home
New Castle, IN 47362
3
2
3780 ft2
1928
510 CEDAR DR
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
New Castle, IN 47362
3
3
1748 ft2
1955
1213 S 25TH ST
REO Foreclosure
 
Single Family Home
New Castle, IN 47362
2
1
642 ft2
1950
117 TARA LN
REO Foreclosure
 
Single Family Home
New Castle, IN 47362
4
4
1975 ft2
1977
1530 WHITTIER LN
REO Foreclosure
 
Single Family Home
New Castle, IN 47362
4
2
1720 ft2
2008
1 of 20 3010 S 23RD ST
REO Foreclosure
 
Single Family Home
New Castle, IN 47362
2
1
720 ft2
1948
1 of 12 711 S 15TH ST
REO Foreclosure
 
Single Family Home
New Castle, IN 47362
3
1
1952 ft2
1944
1717 N 23RD ST
REO Foreclosure
 
Single Family Home
New Castle, IN 47362
3
1
1056 ft2
1984
1 of 2 438 BUNDY AVE
REO Foreclosure
 
Single Family Home
New Castle, IN 47362
3
1
1686 ft2
1950
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Neighborhoods in New Castle, IN

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Popular Zip Codes in New Castle, IN

47362 rent to own homes

Buying a Home in New Castle, IN

New Castle, IN is seeing rapid growth and New Castle, IN's' housing market remains optimal with an average home price that is -65% below the 2024 national average. New Castle, IN is part of Henry county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Henry is 0.98% which is below the national average, which is 0.99%.

Median Home Price in New Castle, IN

Median Rent in New Castle, IN

Rent to own homes offer low monthly payments and flexible terms.